LD 1185 LR 1510(05)
An Act To Establish the Municipal Gigabit Broadband Network Access Fund
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Woodsome of York
Fiscal Note Required: Yes
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund ($6,014,693) ($19,869) ($20,573) $0
General Fund ($6,014,693) ($19,869) ($20,573) $0
Other Special Revenue Funds $500 $500 $500 $500
Fiscal Detail and Notes
This amendment removes all General Fund appropriations in the committee amendment. It adds Other Special Revenue Funds allocations of $500 in fiscal years 2015-16 and 2016-17 to establish the Municipal Gigabit Broadband Network Access Fund. This fund may receive funding through available federal funds, bond proceeds and other available monies from public or private sources. The ConnectME Authority is directed to provide certain grants to the extent that funds are available.